Quote from: ScoreB on October 02, 2017, 06:27:02 PM

Could someone explain the benefits of using WiC App in highly populated areas like major cities? I'd say as soon as a few people "sell" their wifi, in order to compete with these and draw any traffic to your own hotspot your price would soon need to drop to near zero.. furthermore, in a highly populated area chances of people misusing your wifi and causing you legal problems seem quite real..

I've read the devs statement on page 1 that misuse is unlikely since people wanting to commit harm would be more likely to go to a free-WiFi spot at like MacDonalds rather then pay WiC for yours.. this logic however (to me) seems broken. For if there is a free-WiFi spot nearby why would anyone else rather choose to pay WiC for yours? Could be bandwidth/connection speed but the same would apply for scammers etc.. Also, everyone knows that at free-WiFi spots there is usually a ton of logging taking place.. while if you could use someones private WiFi you'd be much more anonymous..

So, as far as I see it.. high risks (misuse of your WiFi causing you legal problems) for small / neglectable gains.

In more remote locations where WiFi spots are (very) scarce it might be profitable to run the app but it would still be (in my eyes) a huge security risk and you probably won't draw a lot of traffic in less densely populated zones (so again, not much to gain..).

If anyone could explain me why I'm looking at this the wrong way round, please explain

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PS: If the price goes to moon because of pure speculation however, it might still be fun to buy and hodl a few and sell at peak..

You keep harping on the security risk, which is negligible and borderline fud. Join the telegram and have a convo, otherwise keep an eye out for marketing efforts and you'll be able to see the true magnitude of this project.